Alan Macquinn
Sw Harbor,#2UPDATE Employee
Wed, November 15, 2006
First, on behalf of myself and all AMericans, I thank you for your service and sacrifice to our country. I have been a senior agent and subcontractor for this company for nine years. Of course you are liable for commissioned advances... that's why they are clled "advances". If you write a small amount of business, are with the company for a short time, or write bad business, your back-end commission (which is what pays off your advances) will not grow. The reason ANY commissioned sales company does things this way is to keep people from coming in and screwing the consumer, getting huge advances, and then leaving the company to clean up the mess. Which leads me to my next point... If you were writing $100,000/year in annualized volume, you would be in the BOTTOM 100 producers in the country. For 2006, the Top 100 List cut off at $697,000 AV. Also, the company doesn't make a profit on the average insurance plan for nearly two years, which is why they bend over backwards to 1)keep agents from writing bad business, which drops off the company's books, and; 2)retain agents through their bonus and stock programs, as well as offering great products.